Fee Schedule | DBS Treasures Private Client

Fee Schedule

We wish to inform you that the DBS Treasures Private Client Fee Schedule will be revised from 01 January 2025.

Please click here to view our new Fee Schedule.(With effect from 01 January 2024)The Fee Schedule shows the standard fees charged by DBS Treasures Private Client for services provided to clients. All fees are charged in Singapore Dollars (SGD).

Transaction and Custody Charges¹Exchange Listed Securities²

Market	Offline Brokerage			Custody Fees
Market	Contract Value	Rate*	Minimum Charge (inclusive of GST)	Custody Fees
Singapore	< SGD 100,000 >= SGD 100,000	0.50% 0.35%	SGD 109	Waived
Hong Kong	< HKD 500,000 >= HKD 500,000	0.50% 0.35%	HKD 763	0.20%* per annum and subject to minimum fee of SGD 109 (inclusive of GST) (applicable for each market and payable semi-annually)
Canada	< CAD 100,000 >= CAD 100,000	1.00% 0.75%	CAD 163.50
United States of America	< USD 100,000 >= USD 100,000	1.00% 0.75%	USD 130.80
Malaysia	< MYR 300,000 >= MYR 300,000	0.75% 0.50%	MYR 381.50
Thailand	1.00%		THB 4,033
Japan	< JPY 10,000,000 >= JPY 10,000,000	1.00% 0.75%	JPY 14,170
Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Portugal & Spain	< EUR 100,000 >= EUR 100,000	1.00% 0.75%	EUR 103.55
Shenzhen A (via Stock Connect)	0.50%		CNH 763
Shanghai A (via Stock Connect)	0.50%		CNH 763
Taiwan	0.75%		TWD 5,450
Shenzhen B			HKD 763
Shanghai B			USD 109
Indonesia	1.00%		IDR 872,000
Philippines			PHP 5,450
Australia			AUD 185.30
New Zealand			NZD 196.20
United Kingdom			GBP 70.85
Denmark			DKK 763
Norway			NOK 763
Sweden			SEK 872
Switzerland			CHF 103.55
Other markets			USD 109

¹ In addition to these fees/charges, the Bank and/or its associates also receive other monetary and non-monetary benefits. Please continue to refer to the “Monetary and Non-Monetary Benefits Schedule” herein.
² The brokerage charges are applicable for transactions which are executed through the exchange such as Warrants, Rights, Depositary Receipts, Preferred Shares, Exchange Traded Funds/ Bonds/ Commodity/ Notes/ Certificates and similar securities.
Exchange Listed Securities²

Online Brokerage
Market	Rate*
Market	Rate*	Minimum Charge (inclusive of GST)	Custody Fees
Singapore	0.12%	No minimum	Waived
Hong Kong	0.15%	HKD 87.20	0.20%* per annum and subject to minimum fee of SGD 109 (inclusive of GST) (applicable for each market and payable semi-annually)
Canada	0.25%	CAD 21.80
United States of America	0.15%	USD 19.62
United Kingdom	0.25% Stamp Duty: 0.5% applicable to buy trades	GBP 21.80 USD 32.70 EUR 27.25
Japan	0.25%	JPY 2,180
Australia	0.25%	AUD 21.80

² The brokerage charges are applicable for transactions which are executed through the exchange such as Warrants, Rights, Depositary Receipts, Preferred Shares, Exchange Traded Funds/ Bonds/ Commodity/ Notes/ Certificates and similar securities. Exchange Listed Options

Exchange Listed Options

USD 16.35 (inclusive of GST) per contract including external brokerage fee subject to a minimum fee of USD 163.50 (inclusive of GST) (each excluding miscellaneous fees) or its equivalent in such other currency.

Debt Securities and Structured NotesPlease refer to the Monetary and Non-Monetary Benefits Schedule section for more details.

Market

Custody Fees

Singapore
(bonds settled through CDP)

Waived

Other Bonds/Notes

0.20%* per annum and subject to minimum of SGD 109 (inclusive of GST) (payable semi-annually)

Investment Funds

Sales Charge

Private Market fund³: Up to 3% (inclusive of GST) of the committed investment amount (one-time charge fully payable upon call)

All other funds: Up to 3% (inclusive of GST) of the investment amount⁴ of the subscription trade

Custody Fee

0.20%* per annum of Net Asset Value of the funds that are chargeable, and subject to a minimum of SGD 109 (inclusive of GST) (payable semi-annually)

Waived for Funds available on DBS Funds Platforms⁵

³ Private Market Funds include investments in funds and companies where clients are referred to such opportunities via Private Equity Access. Typically, the Bank receives fees from the company/fund (“issuer”) for such successful referral. However, in some instances, the referral fees may be paid by both the issuer and the client, or solely by the client, to the Bank. This will be disclosed to the client during the referral. Please also refer to Section C of the Bank’s Monetary Benefits Schedule.⁴ “Investment amount” refers to the sum indicated by the client for investment, and upon deduction of sales charges, the balance amount would be the basis for calculation of the number of units the client will subscribe for.⁵ For the list of available funds, please consult DBS Online Funds Investment platform via DBS digibank or contact your Relationship Manager.

Making PaymentsRemittances/Demand Drafts/Telegraphic Transfers

MEPS Payment

Waived

Inward Telegraphic Transfer

Outward Telegraphic Transfer

SGD 20
(excludes agent/correspondent bank charges)

Other General Out-of-Pocket Expense

Postage/ Courier charges/ SWIFT/ Telex/ Facsimile charges, Agent charges, Proxy voting fee and translation charges for Proxy material (where applicable) shall be reimbursed by the client

Demand Draft/ Telegraphic Transfer Handling Commission

- Debit from account
- Telegraphic transfer debited from SGD account /Multi-Currency Autosave via iBanking

Waived
Waived

Other Service ChargesEquity Private Placements

Equity Private Placements during Initial Public Offerings⁶ / Secondary Offerings⁶

Up to 2%* of the allotment value (including external brokerage fees)

IPO Processing Fees

- Local – SGD 109 (inclusive of GST)
- Overseas – SGD 163.50 (inclusive of GST)

⁶ The Bank and/or its associates may additionally receive fee rebates and marketing sponsorship from the product issuer. There may be third party fees and charges which are charged separately to the client and not set out in this Fee Schedule. Managed Services

Discretionary Portfolio Management

- Management fee: Up to 1.25%* per annum of the average daily closing levels of the net asset value of the managed portfolio (as determined by the Bank). Deducted from the managed account on a semi-annual basis
- Transaction fee⁷: Up to 0.30%* (including brokerage fees)
- Custody fees as applicable

Managed Advisory

- Advisory fee: Up to 1.50%* per annum of the average daily closing levels of the net asset value of the managed portfolio (as determined by the Bank). Deducted from the managed advisory account on a quarterly basis
- Transaction fee: Brokerage fees
- Custody fees as applicable

FundFlex⁸

- FundFlex fee: Up to 1.50%* per annum of the average daily closing levels of the net asset value of all the fund investments held in the fund portfolio (as determined by the Bank)
- Subject to a minimum of USD 1,471.50 (inclusive of GST) payable quarterly and deducted from the FundFlex account
- Custody fees waived

⁷ DPM transaction fee calculation methodology follows that stated in respect of each such product/ service (for example, notional amounts or rates etc, as the case may be) in these schedules.⁸ A funds account service with access to mutual funds and hedge funds that are identified for, and selected by clients. DBS does not receive trailer fees for such identified funds. Account Fees for Commodity Investment Account

Gold

0.05%* per annum and subject to a minimum of SGD 109 (inclusive of GST) (payable semi-annually)

Silver

0.25%* per annum and subject to a minimum of SGD 109 (inclusive of GST) (payable semi-annually)

Gold Bullion (Physical)

Custody Fees

0.50%* per annum and subject to a minimum amount of SGD 109 (inclusive of GST) (payable semi-annually)

Outward Transfer

USD 100 per kilobar, subject to a minimum amount of USD 1,000 per transfer request

Withdrawal

USD 100 per kilobar, subject to a minimum amount of USD 1,000 per withdrawal

Visit to the vault

Such amount(s) as imposed by sub-custodian from time to time

Digital Tokens (traded on DBS Digital Exchange)
a) Cryptocurrencies

Brokerage

Up to 1%* of transaction value

Exchange Fees

0.10%* of transaction value

Custody Fees

0.50%* per annum payable semi-annually and subject to a minimum amount of SGD 109 (inclusive of GST) on each payment

Outward Transfer/ Inward Transfer⁹

SGD 109 (inclusive of GST) per transfer plus other charges and expenses, if applicable¹⁰

b) Security Tokens¹¹

Security Token Offerings/ Private Placements

Up to 3%* of the allotment value

Brokerage

Up to 1%* of transaction value

Exchange Fees

0.10%* of transaction value

Custody Fees

0.20%* per annum payable semi-annually and subject to a minimum amount of SGD 109 (inclusive of GST) on each payment

Outward Transfer/ Inward Transfer⁹

SGD 109 (inclusive of GST) per transfer plus other charges and expenses, if applicable¹⁰

⁹ "Inward Transfer" refers to transfer of Cryptocurrencies / Security Tokens into your account with DBS Bank Ltd (“DBS”), and “Outward Transfer” refers to transfer of Cryptocurrencies / Security Tokens from your account with DBS.¹⁰ Other charges and expenses refer to any expenses that may be incurred by DBS on your behalf, including and not limited to gas/miners’ fees, locally mandated charges, commissions, taxes, special handling transfer, and any exceptional fees that may apply. These other charges and expenses may be rounded up and may marginally exceed that which is actually incurred, is not refundable and would be dealt with by DBS.¹¹ Security Token is a digital representation of underlying assets and may be issued directly by the issuer, or issued by the holding vehicle that holds the relevant asset. Security Tokens are traded on the DBS Digital Exchange. Other Charges

Asset and Account
Administration Fee

0.05%* p.a. on month end assets, payable semi-annually

DBS Foreign Currency Current Account
-Monthly service charge (No minimum initial deposit is required)

Waived

Multi-Currency Settlement Account Interest Rates¹²

Visit go.dbs.com/sg-wealth-mcsa-interest-rates for more details

Multi-Currency Settlement Account Incidental overdraft interest charge (for accounts without overdraft facility)

Prime + 5% p.a. payable on the overdrawn amount

DBS Treasures Private Client Service Fee (inclusive of GST)

SGD 1,308 per annum^#

Waived at the sole discretion of DBS Treasures Private Client if the average Assets under Management (AUM) for the preceding six months, aggregated from all account relationship(s) with DBS Treasures Private Client, is more than SGD 1,500,000.

^# SGD 654 payable semi-annually

Banker’s Guarantee (BG)
- Financial BG
- Performance BG (less than 2 years)
- Performance BG (more than or equal to 2 years)

0.75% p.a.
0.75% p.a.

0.75% p.a. (min. SGD 100. Additional SGD 50 will be charged for non-standard format)

Above excludes incidental charges such as postage, cable, etc.

Credit Cards and supplementary cards (where the principal cardholder is a Treasures Private Client Bank Customer)

Waiver¹³ of Annual Fee for all DBS/POSB Credit Cards excluding DBS Insignia Visa Infinite Card, DBS Vantage Visa Infinite Card and such other cards as may be notified to you from time to time and their respective supplementary cards

Retrieval of Documents/ Statements (within 3 years)

Waived

Processing fee for Transfer of Investments in Private Market Funds
(The Bank does not accept the transfer-in of private market funds from another financial institution)

SGD 5,450 (inclusive of GST) per instruction

¹² MCSA Interest Rates may change without prior notice. Please refer to go.dbs.com/sg-wealth-mcsa-interest-rates for updated details.¹³ Waiver will apply if either:

The average Asset under Management (“AUM”) for the preceding 12 months, aggregated from all account relationship(s) with DBS Treasures Private Client is more than S$1.5 million; or

You have spent at least S$15,000 on such DBS/POSB credit card (excluding DBS Insignia Visa Infinite Card, DBS Vantage Visa Infinite Card and such other cards as may be notified to you from time to time) in the preceding 12 months applicable on a per card basis.

Important Notes:

Account Fees (for Commodity Investment Account) and Custody Fees (for Exchange Listed Securities, Debt Securities and Structured Notes, Funds and Gold Bullion) will be based on the market value as at month-end.
The above fees are subject to review from time to time at the discretion of the Bank.
GST will be applicable for Singapore residents.
Operational or system constraints, such as rounding practices, may result in the final fees, charges or benefit marginally exceeding the maximum dollar amount or percentage range detailed herein. Further, certain charges or expenses incurred by the Bank on your behalf and charged to your account may also be rounded up. Depending on the product, such rounding may apply to the amount, percentage or digital payment token quantity as the case may be.

* Where “*” is indicated, the fee or charge will be subjected to GST at the prevailing rate, where applicable.All charges for retail services or transactions that are done via a retail platform will be accorded based on the DBS Treasures Pricing Guide. DBS Treasures Pricing Guide is available via go.dbs.com/sg-tre-pricing-guide.

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